SUBSTANTIAL INDUSTRIAL ASSET WITH MULTIPLE INCOME STREAMS

6 Gravel Pits Road
SOUTH GEELONG 3220
Sold
Price
Contact Agent
Category
Industrial/Warehouse
Tenancy
Tenanted
Zoning
Industrial 2

EXPRESSIONS OF INTEREST | Closing Thursday 26 October 2023 at 3pm

Darcy Jarman is excited to present this exceptional industrial asset located within one of regional Victoria's most tightly held industrial precincts. The strategic holding offers immediate scope to reposition or occupy in part.

Key features include:
- Commanding land area of 7,412m2
- Total building area of 3,438m2 across three tenancies
- Current income: $269,040 pa net
- Tenants: Aramex, Geelong Floorworld and CIS Flooring
- Zoning: Industrial Zone 2 (IN2Z)
- Low site coverage of just 50%
- Potential stamp duty savings
- Favourable land configuration with 61m main road frontage
- Immediate scope to reposition the asset with strong rental growth available

To request information or arrange an inspection, please contact the below agents:

Tim Darcy + 61 418 522 523
Andrew Prowse + 61 418 534 076

*approx.

Price
Contact Agent
Category
Industrial/Warehouse
Tenancy
Tenanted
Zoning
Industrial 2

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